Updated: July 3, 2012, 3:38 pm ET

Sources: Raptors, Fields Come to Terms

By HOOPSWORLD
Basketball News & NBA Rumors

The Toronto Raptors have reached a verbal agreement with New York Knicks restricted free agent Landry Fields on an offer sheet, according to sources with knowledge of the deal.

Sources say that Fields will sign a three-year offer approaching $20 million. He cannot sign until July 11, the first day NBA players can sign new contracts.

via Marc Stein of ESPN

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